please help me solve all 30 of these problems! for each of the scenarios draw a properly labeled graph for the market indicated and show the resulting shift. labeling y and x axis with a Q labbleling supply and demand curve labeling equilibrium and quantity
* * Do not write on this practice worksheet** Number Market Scenario Bus tickets The price of autos drops significantly 2. Bus tickets National income decreases (bus tickets are an inferior good) 3. Bus tickets All public busses are now equipped with TV screens on each seat 4. Greebes The invention of the right-handed smoke shifter dramatically reduces the cost of manufacturing greebes 5. Greebes The price of nizzerts decreases (a competitor of the greebe) 6. Greebes Experts expect shortages of "thub nodules" in the coming months (an important material used in making greebes) 7. Wheat To protect farmers, the government requires a minimum price that must be paid on a bushel of wheat 8. Garlic bread Doctors suggest that garlic may be a factor in lower rates of heart disease 9. Garlic bread A survey in GQ Magazine reveals that bad breath is the biggest turn-off for women 10. Justin Bieber It is discovered that Justin Beiber's hair is actually a muskrat Posters 11. Padre Tickets The government increases income tax 12. Padre Tickets The government decreases business taxes on baseball teams 13. Padre Tickets The Padres go on a 28 game losing streak 14 Ice cream Ben & Jerry's lean that this summer will be the coldest on record 15. Ice cream The government gives a $100,000 grant to all dairy farmers 16. Lap-top computers Maintenance costs involved in the upkeep of capital machinery used in manufacturing desk-top computers decreases 17. Gatorade The electrolytes found in Gatorade are found to be effective in increasing the size of strawberries 18. Strawberry Jelly The electrolytes found in Gatorade are found to be effective in increasing the size of strawberries 19 Peanut butter The electrolytes found in Gatorade are found to be effective in increasing the size of strawberries 20. Flowers (real) Plastic flowers decrease in price 21. Flowers The number of flower shops decrease by 20% 22. New Automobiles The government is giving out $5000 rebates on new car purchases 23. Used Automobiles The government is giving out $5000 rebates on new car purchases 24. Lawnmowers The government requires that all new lawnmowers must be equipped with mufflers 25. Lollipops The government reduces a tariff on German lollipops 26. Blankets Since blankets are seen as being a necessity, the government places a cap or the price that can be charged 27. Graduation gowns June is approaching 28 Macintosh Dell increases their prices 15% 29 Gasoline The government requires BP to pay a $5 billion fine for the oil leak in The Gulf of Mexico 30. Blue Ray Discs A worker strike results in the closing of all movie theaters
